Governmental Audit Services

Our Service Audience

At Dimov Audit, we proudly serve a wide range of government entities, helping them achieve financial transparency, operational efficiency, and compliance with all relevant regulations.

‍Every government organization faces unique challenges—from cities balancing multiple funding sources to state agencies managing billions in federal pass-through funding, from retirement systems navigating complex GASB standards to special districts optimizing utility operations. We understand that one-size-fits-all approaches don't work in the public sector. That's why we've built deep expertise across diverse government entity types, tailoring our audit approach to your specific regulatory environment, organizational structure, and operational realities.

Our experience spans small municipalities with limited administrative staff to large state agencies with complex multi-departmental operations. We speak your language, understand your pressures, and provide practical, actionable guidance that recognizes the constraints and opportunities unique to your entity type.

Specialized Services for Government Entities

Our comprehensive government audit services are enhanced by a range of specialized services designed to address the specific challenges faced by governmental organizations nationwide.

The regulatory environment for government entities has never been more complex. Tax-exempt bond compliance, federal energy incentives, workforce classification rules, technology transfer agreements—each area carries significant financial and legal implications. Getting it wrong can mean lost funding, penalties, or reputational damage. Getting it right can unlock new revenue opportunities and operational efficiencies.

That's where our specialized services come in. Think of us as an extension of your finance team—bringing expertise in niche areas that most government entities encounter occasionally but need to handle perfectly every time.

These services are tailored to ensure compliance, optimize operational efficiency, and maximize opportunities for growth and sustainability.

• Agreed-Upon Procedure Engagements
  Focused audits on specific areas, providing targeted insights without the full scope of an audit.
  
• Federal Compliance Audits under the Uniform Guidance
  Ensures proper use of federal funds and compliance with all federal requirements.
  
• Tax-Exempt Bond Consulting
  Provides expert guidance on issuing and managing tax-exempt bonds, ensuring compliance with regulations.
• Clean Energy Tax Credit Opportunities
  Helps identify and maximize clean energy tax credit opportunities, including those through federal initiatives.
• Independent Contractor Versus Employee Determinations
  Assesses workforce classifications to ensure compliance with IRS and state regulations.
• Technology Transfer and Royalty Arrangements
  Manages and audits technology transfer agreements and royalty arrangements to maximize compliance and revenue.
• Third-Party Management Agreements and Sponsorship Planning
  Develops and negotiates agreements with third parties to enhance value and reduce risks.

Additional Specialized Services

We also provide a range of other specialized services to further support entities in government audit services.

‍Sometimes you need more than a standard audit. Maybe you're considering a joint venture with a neighboring jurisdiction. Perhaps you need to demonstrate compliance with specific federal reporting requirements that fall outside typical single audit procedures. Or you're investigating potential irregularities that require forensic expertise.

These aren't everyday situations—but when they arise, you need professionals who've been there before. Our additional specialized services give you on-demand access to experts who can handle the unexpected, the complex, and the high-stakes situations that don't fit neatly into traditional audit categories.

Other Services

• Joint Venture Formation and Operation Consulting
  Provides guidance on structuring joint ventures in compliance with legal and regulatory requirements.
  
• Compliance Examinations Pursuant to Federal Reporting Requirements
  Ensures adherence to federal reporting requirements, minimizing risks and enhancing credibility.
  
• Benefit Plan Audits
  Verifies compliance with regulatory requirements and assesses plan governance and administration.
• Performance Audits
  Evaluates the efficiency and effectiveness of programs and services, identifying opportunities for improvement.
• Fraud Investigation and Forensic Accounting
  Conducts fraud risk assessments and investigations to detect and prevent fraudulent activities.

Our Offerings

Whether you are a city, county, state agency, or special-purpose government, Dimov Audit is your trusted partner for governmental audit services. Our team of seasoned professionals is ready to help you achieve transparency, efficiency, and accountability.

• Deep Expertise in Government Services: Extensive experience with diverse government entities, providing actionable insights.
  
• Customized Approach: Tailored solutions to meet your organization’s specific needs.
  
• Proactive Guidance: Advice that helps you stay ahead of regulatory changes and prepare for future challenges.
• Local Presence, National Reach: Expertise with a broad national perspective.